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Balboa Introduces Online Financing Platform for Franchise Owners

February 18, 2015, 06:50 AM
Filed Under: Franchise Finance

Balboa Capital announced the launch of an intuitive online financing platform that provides quick-service restaurant (QSR) and hospitality franchise owners with a simple and efficient way to apply for financing and business loan products.

"We are proud to be qualified vendors for some of the largest QSR and hospitality brands in the United States, and our new online platform helps their franchisees secure the financing they need, when they need it," said Angela Stoltenberg-Anderson, Director of Business Development of Balboa Capital's Franchise Services Group. "We invested time and resources to develop online portals that are exclusive to the QSR and hospitality franchise brands we serve. Additionally, we work closely with our franchise partners' nationwide network of equipment suppliers and vendors to provide franchisees with a single online location that offers everything that they want. Franchisees can review pictures, descriptions and prices of furniture, fixtures and equipment that are specific to their particular franchise concept. They can then calculate finance payments and submit finance applications quickly from any computer, laptop, tablet or mobile device."

Balboa Capital's online platform offers the full range of financing options. Franchisees can use it to apply for remodeling/re-imaging financing, product improvement program (PIP) financing, expansion/build-out financing, and franchise business loan products.

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